After discovering that the cryptocurrency company did not own the rights, the company deletes retro game NFTs

After discovering that the cryptocurrency company did not own the rights, the company deletes retro  ...

The Retro Arcade Collection, which was first created last week, consisted of retro games that had been used as playable NFTs in order to preserve "abandonware games" on the blockchain. As pointed out by Waypoint, these "playable" NFTs included games like Blizzards Blackthorne and Remedys Death Rally.

People at MetaGravity Studio didn''t understand how IP rights and licenses work, thus a number of NFTs were created and put up for auction without the authorization of the appropriate entities. As you''d expect, some of the NFTs were reported, thus the entire collection being deleted.

In a statement to Waypoint, the license appears to check out for the purpose but didn''t want to get involved in any discussions. As such, we''ve removed all of the games and changed the NFTs now so that we can get them back on track for our next NFT-native retro game.

Any of the previously claimed NFTs that have been removed does not work as intended. Waypoint''s Patrick Klepek said: "I was jankygetting the browser to recognize my keyboard was a painbut it worked. I played demos of Death Rally, Blackthorne, and even the 90s arcade shooter Total Carnage in my browser."

In all of this, it''s doubtable if MetaGravity Studio was effectively authorized by the relevant parties to create and sell these NFTs in the form that they were in. The studio described the games as "abandonware", but wasn''t clear about what defines a game to be classified as such.

The status of a slew of abandonware has been tricky to validate, but we''ve gone to the depreciation process to ensure we''re using freely available games," Mansoor said. "We''d wish to keep abandonware more broadly than that many abandonware websites are doing, but we wanted to go back to caution on this. We also added a DMCA form on our site so copyright holders may request takedowns if any of these are wrong.